Downtown Houston (Bobby L. Warren/Wikimedia Commons)

Houston gains in energy efficiency while other Texas cities lag, according to scorecard

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Just because the Petro Metro is awash with more oil and natural gas than it has been in decades doesn’t mean the city can’t save a few bucks on its energy bill.
Jack Welch, former CEO and Chairman of General Electric, in San Francisco on Monday, May 11, 2015.

Former GE CEO Jack Welch tells energy companies to think long term, keep their talent

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Welch, who led GE for 20 years until 2001, said low oil prices are teaching energy companies to become more efficient and potentially more profitable in the long run.
(Photographer: Patrick Semansky/Bloomberg)

Crude slump leads to big profits for refiners

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Refiners are pocketing big profits as they soak up vast supplies of cheap oil and transform it into higher priced petroleum products, a new government report finds.
Kirk Coburn, founder and managing director of Surge Ventures, introduces speakers at an event for Houston tech entrepreneurs seeking inroads into the oil and gas industry. ( Mayra Beltran / Houston Chronicle )

Tough times in oil patch raise prospects for tech startups

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The collapse in crude prices is fueling an appetite for new ideas to produce oil more efficiently, positioning Houston entrepreneurs for a boom of their own

Analysts: Eagle Ford Shale costs could go even lower

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Via Collin Eaton, FuelFix: HOUSTON — Pumping a barrel of oil out of the Eagle Ford Shale could get $10 to $15 cheaper by summer 2016 as service companies cut costs and operators tune up their wells, analysts say. The oil slump hasn’t stopped producers in the South Texas play from getting better at targeting […]
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Report: Eagle Ford slowdown hasn’t hit San Antonio’s industrial market

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So far, low oil prices haven’t hurt San Antonio’s industrial real estate market, according to a new report from REOC San Antonio. “Thankfully, the slowdown in Eagle Ford Shale activity south of San Antonio has not had a significant impact, to date, on leasing velocity or demand for industrial space in the metro area. Impact […]
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In this Sept. 16, 2004 file photo, waves crash against a sailboat lodged under a bridge in Fort Walton Beach, Fla., after Hurricane Ivan struck the gulf coast. Federal regulators believe a persistent oil spill in the Gulf of Mexico that began after a drilling platform was toppled during Hurricane Ivan in 2004 will continue for 100 years or more if left unchecked. (AP Photo/John Bazemore, File)

US says decade-old Gulf oil leak could last another century

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The federal government is warning that the leak could last another century or more if left unchecked.

NextGen Vehicle: An Unclear Path

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Although there is a great deal of hype about the next generation vehicle, thanks to the elaborate marketing of Tesla by its found Elon Musk, the path to that vehicle is not at all clear and its timing less so.  The enthusiasm over these efforts should be tempered by past experience.  Remember the Clinton Administration’s […]
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Work has started to prepare a site in Oklahoma City for a new gas-to-liquids plant that will convert landfill gas into petroleum products. (Envia Energy)

Houston-area companies break ground on landfill gas-to-diesel project

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Construction will begin soon on the first of a series of gas-to-liquids plants under development by an array of Houston-based companies to produce petroleum products from landfill gas.

Coastal states launch new bid for offshore drilling dollars

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Senators from Texas, Alaska and other coastal states have launched a fresh campaign to siphon off more of the revenue that flows to the federal government from offshore drilling.